Hafnia to acquire a 14.45% stake in TORM from Oaktree Capital Management for $311.4m.

Hafnia, a tankers owner, transporting oil and chemicals for major national and international companies, agreed to acquire 14.45% stake in TORM, a company that operates product tankers, transporting refined oil products and chemicals, from Oaktree Capital Management, a global alternative investment management firm, for $311.4m.